88 Sarver LnElizabethtown, KY 42701

For Sale
$2,000,000

27-Acre Parcel, 540 Units Possible

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional investment opportunity in Elizabethtown, KY! This expansive 27.608-acre parcel, located at 88 Sarver Ln, 42701, is zoned R-6, allowing for a high-density development of up to 540 units. The property boasts an open layout with a tree-lined perimeter and all utilities readily available on-site. Phase 1 and a survey are already complete, significantly streamlining the development process. Its prime location offers convenient access to Interstate highways, shopping centers, and the new Ford Battery plant, ensuring strong potential for rental demand. This property presents a unique chance to build a multifamily community, senior housing, assisted living facility, townhome development, or even a church campus. The seller is motivated and considering build-to-suit options for multifamily or townhome projects. The asking price is $2,000,000. This is a rare opportunity for investors and REITs to acquire a large, well-located parcel with significant development potential in a rapidly growing area. Don't miss out on this exceptional opportunity.

Highlights

  • Price: $4,400,000
  • Cooperative Broker Commission: 3%
  • Listing Expiration Date: November 1, 2022

Property Details for 88 Sarver Ln

Property type
Multifamily properties, Apartment buildings
Lot Size (sq. ft)
1,202,604 SF
Units
540

Location Insight

City
Elizabethtown
County
Hardin
State
Kentucky
Latitude
37.666513
Longitude
-85.8586508
88 Sarver Ln, Elizabethtown, Kentucky

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88 Sarver Ln
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